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June 2026 ~ Top Home Features, Summer Safety and Market Trends
June 2026 NewsletterWelcome to Your June 2026 Real Estate & Lifestyle Update!
As we move into summer here in SE Florida, it’s the perfect time to take a fresh look at both your home and the market. Whether you’re planning a getaway, hosting friends, or simply keeping an eye on your investment, staying informed can make all the difference. In this month’s newsletter, I’m sharing smart ways to keep your home secure while you travel, along with simple tips to elevate your outdoor spaces for memorable gatherings. You’ll also find a look at the hot 2026 home features currently adding the most value to homes across SE Florida, plus a glimpse into the latest luxury trends shaping today’s market. And of course, I’ve included our latest area reports so you can stay up to date on what’s happening right here in Broward County. My goal is always to keep you informed, inspired, and one step ahead—so whether you’re thinking about making a move or just enjoying your home this season, I hope you’ll take a few minutes to explore what’s inside. Warm Regards, |
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Real Estate Updates | Area Reports | April 2026
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As always, I’m here to be a resource for you—whether you’re dreaming about your next move, considering updates to maximize your home’s value, or simply looking for trusted guidance along the way. Summer in SE Florida is a beautiful time to pause, enjoy, and plan ahead, and I’d love to support you in making the most of it. If you have questions about the market, your property, or would like a personalized home valuation, please don’t hesitate to reach out. I’m always just a call, text, or email away—and ready to help whenever you need it.
⇒ CONTACT ANNETTE ⇐Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD® Coldwell Banker Realty 901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301 808.747.3686 SL 3535792
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Top Features Elevating SE Florida Homes
🌴 The Hidden Home Features Increasing Property Values in Fort Lauderdale & Coastal Communities in 2026
The small upgrades, lifestyle perks, and coastal‑smart details that today’s buyers love — and homeowners can celebrate.
SE Florida has always had its own rhythm — a blend of sunshine, salt air, tropical color, and a lifestyle that feels like a permanent vacation. But in 2026, something special is happening across Fort Lauderdale, Wilton Manors, Golden Beach, Hollywood, Dania Beach, and our surrounding coastal neighborhoods: homeowners are discovering that the features boosting property values the most aren’t always the biggest, flashiest renovations.
Instead, it’s the hidden, hyper‑local, lifestyle‑driven upgrades — the ones that make everyday living easier, breezier, and more beautiful — that are capturing buyers’ hearts and strengthening home values across Broward County.
If you’re a homeowner in SE Florida, here are the features quietly working in your favor.
🌞 1. Impact Windows & Doors — The New “Must‑Have” Luxury
Once considered a practical upgrade, impact windows have become a premium lifestyle feature.
Why buyers love them:
- They reduce noise from traffic, planes, and lively neighborhoods
- They improve energy efficiency in our warm climate
- They add a sleek, modern look
- They offer peace of mind during storm season
In 2026, homes with full impact protection consistently attract more showings and stronger offers — especially in Hollywood Lakes, East Dania Beach, and coastal Fort Lauderdale.
🌿 2. Tropical, Low‑Maintenance Landscaping
SE Florida buyers are embracing native, drought‑tolerant, salt‑friendly landscaping that thrives in our climate.
Think:
- Silver buttonwood
- Coconut palms
- Clusia hedges
- Bougainvillea
- Sea grape
- Native grasses
These plants create a lush, tropical aesthetic while reducing water bills and maintenance. Homes with thoughtful, climate‑smart landscaping photograph beautifully — and in our visual market, that matters.
🏡 3. Outdoor Living Spaces That Feel Like Resorts
In SE Florida, the backyard is an extension of the home — and buyers are willing to pay for it.
The features adding the most value right now:
- Covered patios with fans
- Outdoor kitchens
- Modern pergolas
- String‑light ambiance
- Tropical privacy hedges
- Salt‑friendly pavers
Even small patios in Hollywood condos or Victoria Park townhomes can be transformed into cozy, Instagram‑worthy retreats that boost perceived value.
🌬️ 4. Newer AC Systems & Smart Climate Control
In our climate, air conditioning isn’t a luxury — it’s a lifestyle essential.
Homes with:
- Newer AC units
- Smart thermostats
- UV air purification
- Quiet, energy‑efficient systems
…are outperforming the competition. Buyers appreciate the comfort, the savings, and the peace of mind.
🚤 5. Waterfront‑Friendly Upgrades (Even If You’re Not on the Water)
This is a uniquely SE Florida phenomenon.
Features like:
- Outdoor showers
- Rinse stations
- Storage for paddleboards/kayaks
- Weather‑resistant decking
- Marine‑grade lighting
…signal a coastal lifestyle, even in non‑waterfront homes. Buyers love the vibe — and they’re willing to pay for it.
🛠️ 6. Modern, Coastal‑Inspired Interiors
The interior design trends boosting value in 2026 are clean, bright, and coastal‑modern.
Think:
- Light flooring
- Soft white or sand‑tone walls
- Matte black or brushed gold hardware
- Quartz counters
- Natural textures (rattan, linen, driftwood tones)
These choices feel fresh, airy, and perfectly aligned with the SE Florida lifestyle.
🚗 7. EV‑Ready Garages & Smart Home Features
Broward County is seeing a surge in EV ownership — and buyers are noticing when a home is ready for the future.
High‑value features include:
- Level 2 EV chargers
- Smart locks
- Smart lighting
- Security cameras
- Whole‑home Wi‑Fi mesh systems
These upgrades are subtle but powerful value boosters.
🐾 8. Pet‑Friendly Features Buyers Love
As one of the most pet‑friendly regions in the country, SE Floridians love our pets.
Homes with:
- Fenced yards
- Pet‑washing stations
- Durable flooring
- Screened patios
…stand out instantly. Buyers with pets (and that’s a lot of them) feel an emotional connection the moment they walk in.
🌺 The Big Picture: SE Florida Homes Are Evolving — And Homeowners Are Winning
What makes these features so exciting is that they reflect who we are as a community:
- Outdoor lovers
- Sunshine seekers
- Coastal lifestyle enthusiasts
- People who value comfort, beauty, and ease
In 2026, the homes that shine brightest aren’t necessarily the biggest or most expensive — they’re the ones that embrace the SE Florida way of living.
And that’s something every homeowner can celebrate.
💬 Want a personalized list of upgrades that would boost your home’s value?
I can create a custom, neighborhood‑specific value guide based on your property type, location, and goals — whether you’re in Hollywood Lakes, Dania Beach, Victoria Park, or anywhere in SE Florida.
Just tell me your neighborhood or property type, and I’ll tailor it for you.
As a local REALTOR® who lives, works, and invests her heart right here in our Fort Lauderdale community, I love helping homeowners understand the real value of the place they call home. Our neighborhoods are evolving in beautiful ways, and the features that matter most today are the ones that make everyday living feel easier, brighter, and more connected to the SE Florida lifestyle we all cherish. If you’re curious about which improvements could make the biggest impact on your home — or you’d simply like a personalized, no‑pressure assessment of your property’s current value — I’m always here as a resource. Reach out anytime, and let’s explore how to make the most of your home in 2026 and beyond.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
May 2026 ~ Seller Safety, Top Home Tech and Summer Enjoyment
May 2026 NewsletterWelcome to Your May 2026 Real Estate & Lifestyle Update!
Welcome to May in Southeast Florida, a season when our homes become hubs for entertaining, innovation, and fresh starts. As a local real estate professional who has guided buyers and sellers through every kind of market, my top priority has always been keeping our community informed, empowered, and protected—both inside and outside the home. In this month’s newsletter, I’m sharing timely insights every Southeast Florida homeowner and seller should know. We’ll begin with seller safety during home showings, including smart, proactive steps to help protect your home, valuables, and peace of mind in today’s fast-moving market. You’ll also discover the best home gadgets transforming daily living in 2026, from stair climbing robot vacuums to convenience-driven tech that today’s buyers are actively seeking. With summer right around the corner, we’ll explore outdoor entertaining trends that are redefining how we live and gather—think relaxed lounge zones, layered ambiance, and seasonal styling designed for our Southeast Florida lifestyle. We’ll also take a closer look at walkability, why it continues to impact home values and quality of life, and which neighborhood features matter most as buyers think beyond the home itself. As always, I’ve also included the latest area reports so you can stay informed on how our local markets are performing across Southeast Florida. Together, these topics reflect how real estate, lifestyle, and smart planning intersect—especially here at home. Let’s dive in. |
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Real Estate Updates | Area Reports | March 2026
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⇒ CONTACT ANNETTE ⇐
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
April 2026 ~ Goldilocks Window, Spring Cleaning and Impactful Landscaping
April 2026 NewsletterWelcome to Your April 2026 Real Estate & Lifestyle Update!As we step into one of the most vibrant seasons here in Southeast Florida, I’m excited to share timely information to help you stay informed, empowered, and inspired in today’s dynamic real estate landscape. This month’s issue is packed with value: 1) Prime Spring Selling Window in SE Florida 2) The Ultimate Spring Cleaning Checklist 3) Landscaping Upgrades That Make the Biggest Impact 4) Celebrating Fair Housing Month Plus: Your Local Area Market Reports Happy Spring, |
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National Stories
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Real Estate Updates | Area Reports | February 2026
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If you’re considering selling, now is the perfect time to start preparing for a strategic April–May launch. Your Goldilocks moment is just ahead—let’s make sure your home shines when it counts most. Spring brings stronger demand, beautiful curb appeal, and the ideal mix of timing and market momentum. Ready to make your move? Let’s get your home market‑ready. 💫
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Prime Spring Window For Sellers
The “Goldilocks” Moment: Why April Through May Is the Perfect Time to Sell Your Southeast Florida Home
If you’re a Southeast Florida homeowner thinking about selling, choosing the right time to list your property can significantly affect your final sale price, days on market, and overall selling experience. In real estate, we call this the “Goldilocks period”—the window that’s not too early, not too late, but just right.
While timing varies across the country, here in Southeast Florida, our market follows a unique rhythm. And in today’s landscape, the strongest, most strategic selling window is April through May.
Let’s explore why this period delivers exceptional results, what drives the seasonal shift, and how Southeast Florida compares to national trends.
✅ Why Timing Matters More Than Ever
The decision of when to list is guided by measurable data such as:
- Active buyer demand
- Median sale price trends
- Days on market
- Competition from other sellers
- Price‑reduction frequency
- Seasonal and regional behavior
Choosing the ideal timing helps ensure your home hits the market when buyers are energized, inventory is favorable, and your property achieves maximum visibility and value.
✅ Why April Through May Is the New Goldilocks Window in Southeast Florida
Historically, early spring marks the beginning of peak real estate activity across much of the United States—but in Southeast Florida, we now see April and May emerging as the most balanced, best‑performing months for sellers.
Here’s why:
- Strong Buyer Activity Ramps Up
By April, Southeast Florida experiences a surge of touring activity.
Tourists are still visiting, seasonal residents are still in town, and northern buyers continue to escape extended cold seasons and late spring storms up north. This creates one of the highest concentrations of active, motivated buyers you’ll see all year.
- Homes Show Exceptionally Well
April and May deliver some of the best showing conditions of the year:
- Lush landscaping
- Longer daylight hours
- Bright natural light
- Warm (but not summer-hot) weather
Properties simply look better, and buyers respond accordingly.
- Competition Remains Manageable
Unlike early January to March, when many snowbird-oriented sellers list, April through May sees strong buyer engagement without a dramatic surge in new listings, helping your home stand out.
- Strong Pricing Season
Nationwide, spring consistently yields the highest sale prices of the year—specifically in April and May. Southeast Florida mirrors this trend, with April and May producing strong offers and fewer price reductions compared to late summer and fall.
- Buyers Want to Close Before Summer
Families planning a summer move start shopping in earnest in April and May.
Investors also target this period to prepare for summer rental demand.
This creates urgency—and urgency supports stronger offers.
✅ Southeast Florida vs. the Rest of the Nation
Nationally, research shows that spring is the strongest season, with April often considered the prime selling month and May delivering some of the year’s highest premiums.
The National Trend
- Buyers return to the market after winter slowdowns
- Prices peak in late spring
- Homes sell faster with fewer price cuts
- Curb appeal improves across the country
Southeast Florida’s Advantage
While our local early-year activity is strong, April and May combine the best of all worlds:
- High-quality buyers still in-state
- End-of-season snowbirds ready to purchase before heading home
- Northern buyers experiencing late winter/spring chill
- Aesthetic peak of Florida curb appeal
- Reduced competition versus earlier months
This positions Southeast Florida sellers to maximize price and minimize time on market.
✅ The Outcomes of Selling Strategically in April–May
When you list your home during this Goldilocks window, you can expect:
✔ Stronger Offers
Buyers are financially ready, emotionally motivated, and competing for a limited number of well-presented homes.
✔ Faster Sales
Properties listed in spring tend to spend fewer days on market because buyer urgency and touring activity are at their peak.
✔ Higher Net Proceeds
Spring listings historically produce higher sale prices and fewer price reductions than homes listed later in the year.
✔ Better Marketing Performance
Your home benefits from the natural beauty of spring, extended daylight hours, and a larger audience of local, national, and international buyers.
✅ So, When Should You List?
For 2026 and beyond, Southeast Florida homeowners will find the optimal Goldilocks period is April 1 through May 31.
This window offers:
- The strongest blend of buyer demand and property presentation
- Favorable pricing trends
- Faster contract timelines
- A balanced level of competition
If you’re preparing to list, beginning your pre-market work in March ensures your home is perfectly positioned for the April–May peak.
📣 Ready to Make Your Move?
As your Southeast Florida agent, I’ll help you:
✅ Determine the ideal listing date for your neighborhood
✅ Prepare and stage your home for maximum impact
✅ Develop a tailored marketing strategy that attracts qualified buyers – https://annettedammeyer.com/marketing-strategy
✅ Secure the strongest possible offer in the optimal selling window
If you’re considering selling, now is the perfect time to start preparing for a strategic April–May launch. Your Goldilocks moment is just ahead—let’s make sure your home shines when it counts most.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale February 2026 Area Report
Fort Lauderdale February 2026 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market — February 2026
The February 2026 Fort Lauderdale real estate market shows contrasting trends between single-family homes and condos/townhomes, driven by declining inventory, shifting buyer behavior, and price stabilization.
Single-Family Homes
Inventory continues tightening, with new listings down 37.5% year-over-year (288 vs. 461). Despite fewer homes available, closed sales increased 5.7%, signaling strong buyer demand. Prices remained relatively stable:
- Median sold price: $722,500 (↓1.7%)
- Average sold price: $1.46M (↑2.87%)
- Median days on market: 51 (↓13.6%)
Sellers maintain an advantage in the mid‑to‑high‑end market, with a 94.9% list-to-sold ratio.
Condo / Townhome Market
The condo market also experienced a sharp decline in new listings (down 36.9%), but sales jumped 11.1% year-over-year, creating upward pressure in certain sub‑markets. Price activity was mixed:
- Median sold price: $477,687 (↓14.7%)
- Average sold price: $710,758 (↓6.3%)
- Days on market: 87 (↑31.8%)
While buyers have more negotiation power due to increasing DOM, the overall reduction in new listings indicates demand remains solid.
Market Snapshot
Across both segments, reduced inventory and consistent buyer activity are creating a competitive landscape, especially for well‑priced, turnkey properties. Luxury and waterfront listings in Fort Lauderdale continue to attract strong interest.
Commonly asked questions while reviewing the reports:
What is the difference between “Median Sales Price” and “Average Sales Price”?
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Average Sales Price | Average sales price for all properties sold.
What does “Absorption Rate” mean?
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
In this housing market in SE Florida, you need to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale September 2025 Area Report
Fort Lauderdale September 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
🏡 Fort Lauderdale Real Estate Market Summary – September 2025
📊 Single Family Homes
- Sales Activity
- Sold listings remained flat month-over-month (130 units), but YTD sales dropped 11.74%.
- New listings declined 20.11% month-over-month and 4.72% YTD.
- Pricing Trends
- Median Sold Price: $665K (↑17.7% YoY)
- Average Sold Price: $1.02M (↑16.46% YoY)
- Median List Price (Solds): $699K (↑20.57% YoY)
- Average List Price (Solds): $1.09M (↑18.02% YoY)
- Market Dynamics
- Average Days on Market: 87 (↑47.46% YoY)
- List/Sold Price Ratio: 95% (↓1.35% YoY)
- Absorption Rate: trending above 6 months, indicating a buyer’s market.
- Historical Context
- Sold volume dropped to $1.62B from $2.09B in 2024.
- Listing volume fell to $5.22B from $8.06B.
- Median sale price rose to $640K from $585K.
🏢 Condos & Townhomes
- Sales Activity
- Sold listings increased 32.46% YoY (151 units), but YTD sales slightly declined.
- New listings dropped 35.17% YoY and 9.93% YTD.
- Pricing Trends
- Median Sold Price: $415K (↓7.78% YoY)
- Average Sold Price: $652K (↑7.43% YoY)
- Median List Price (Solds): $440K (↓5.27% YoY)
- Average List Price (Solds): $702K (↑7.64% YoY)
- Market Dynamics
- Average Days on Market: 104 (↑44.44% YoY)
- List/Sold Price Ratio: 94% (slightly down YoY)
- Absorption Rate: well above 6 months, suggesting slower turnover and more competition.
- Historical Context
- Sold volume fell to $836M from $1.16B.
- Listing volume dropped to $3.09B from $4.47B.
- Median sale price decreased to $413K from $445K.
Additional Metrics:
- Absorption Rate: Indicates market competitiveness based on inventory supply.
- Months Supply of Inventory: Reflects the balance between properties for sale and sold properties.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale August 2025 Area Report
Fort Lauderdale August 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
This report provides an overview of residential real estate sales activity and trends in Fort Lauderdale for single-family homes and condos/townhouses. It includes detailed statistics comparing August 2025 to August 2024 and year-to-date (YTD) data for both years.
Key Highlights:
Single-Family Homes:
- New Listings: Down 32.33% month-to-date and 3.46% YTD.
- Sold Listings: Decreased by 24.57% month-to-date and 13.55% YTD.
- Median Sold Price: Increased by 17.44% month-to-date and 9.66% YTD.
- Average Sold Price: Up 20.37% month-to-date and 14.41% YTD.
- Median Days on Market: Increased by 60.47% month-to-date and 25.58% YTD.
- List/Sold Price Ratio: Slight decrease (-0.33%).
Condos/Townhouses:
- New Listings: Down 33.19% month-to-date and 7.94% YTD.
- Sold Listings: Slight decrease of 2.96% month-to-date and 3.64% YTD.
- Median Sold Price: Decreased by 1.3% month-to-date and 10.33% YTD.
- Average Sold Price: Down 11.24% month-to-date and 9.94% YTD.
- Median Days on Market: Increased by 25.37% month-to-date and 34.55% YTD.
- List/Sold Price Ratio: Slight decrease (-0.8%).
Additional Metrics:
- Absorption Rate: Indicates market competitiveness based on inventory supply.
- Months Supply of Inventory: Reflects the balance between properties for sale and sold properties.
The report emphasizes trends such as declining new and sold listings, rising prices for single-family homes, and longer days on market for both property types. It provides insights for buyers and sellers to understand market conditions and make informed decisions with the experienced assistance from your local real estate advisor, Annette Dammeyer.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
SE Florida Market Snapshot – July 2025
Market Trends in SE Florida
The real estate market is adjusting. With the increase in months of supply of inventory, SE Florida is leaning towards a “buyer’s market”. Seller’s are now reassessing their asking price on their properties for sale. It is crucial to examine other similar homes on the market to establish an aggressive original listing price, generating multiple buyer’s attention to your property. This is also an important time to consider a decrease in asking price if the property has been on the market without active offers. I welcome any discussions you may want to have regarding your neighborhood trends. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current real estate updates. Here are the Market Snapshots reflecting the last month (compared to the same month last year) for the following areas:
- Fort Lauderdale
- Wilton Manors
- Hollywood
- Dania Beach
- Hallandale Beach
These take into account all property types (Single Family Homes/Condos/Townhomes).
The real estate landscape in South Florida is evolving quickly—and making smart, timely decisions has never been more important. Whether you’re considering selling, buying, or simply staying informed, I’m here to be your local guide and resource.
Let’s talk about current market trends and how we can align your goals with today’s opportunities. I’d be happy to provide customized market reports for Fort Lauderdale, any SE Florida city, or even your specific neighborhood—all automatically delivered to your inbox.
Call or email me anytime. I’m here to help you move forward with clarity and confidence
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale June 2025 Area Report
Fort Lauderdale June 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Overview
The following is a real estate market report for Fort Lauderdale, detailing sales activity, trends, and statistics for single-family homes and condos/townhouses as of June 2025.
Summary:
Single Family Homes Sales Overview
The single-family homes market has experienced a decline in sales and prices compared to last year. Key metrics indicate a significant drop in both the number of sales and average prices, reflecting a challenging market environment.
- Number of Sales: 146 (down 13.53% from last year)
- New Listings: 293 (down 14.83% month-to-date)
- Median Sales Price: $575,000 (down 13.53% year-over-year)
- Average Sales Price: $967,893 (down 25.3% year-over-year)
- Median Days on Market: 53 (up 39.47% year-over-year)
- List/Sold Price Ratio: 95.2% (down 0.67% from last year)
Condo/Townhouse Market Overview
The condo/townhouse market has also seen a decrease in sales and prices, with notable declines in both new listings and sold properties. This trend suggests a tightening market for these types of properties.
- Number of Sales: 167 (down 10.31% from last year)
- New Listings: 310 (down 24.21% month-to-date)
- Median Sales Price: $435,000 (down 10.31% year-over-year)
- Average Sales Price: $641,687 (down 7.15% year-over-year)
- Median Days on Market: 70 (up 27.27% year-over-year)
- List/Sold Price Ratio: 93.2% (down 2.02% from last year)
Year-to-Date Market Trends
Year-to-date statistics reveal a consistent decline in both single-family homes and condo/townhouse sales, indicating a broader trend in the real estate market.
- Year-to-Date Sold Listings for Single Family Homes: 818 (down 12.98% from last year)
- Year-to-Date Sold Listings for Condo/Townhouse: 890 (down 7% from last year)
- Year-to-Date Median List Price for Single Family Homes: $672,500 (up 7.64% from last year)
- Year-to-Date Median List Price for Condo/Townhouse: $449,950 (down 9.83% from last year)
Market Dynamics and Inventory Insights
The market dynamics show an increase in the average days on market, suggesting a shift towards a buyer’s market. The absorption rate indicates a need for sellers to be competitive.
- Average Days on Market for Single Family Homes: 70 (no change year-over-year)
- Average Days on Market for Condo/Townhouse: 93 (up 24% year-over-year)
- Months Supply of Inventory: Indicates a need for a competitive pricing strategy for sellers.
- Higher absorption rates suggest a more aggressive approach is necessary for sellers to attract buyers.
Conclusion
The report highlights significant trends in the residential real estate market, with declines in sales and prices for both single-family homes and condos/townhouses. For further insights and personalized information, contact me, I’m always available to talk.
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
